Inner City Real Estate Market Report

April 2025

                 In April 2025, Calgary’s City Centre real estate market showed strong performance in most housing categories, with detached and semi-detached homes leading the way in price growth at 4.79% and 5.09% year-over-year, respectively. Row houses also saw solid gains, with a 2.02% annual increase and the lowest months of supply at 2.23, indicating high demand. While overall sales activity remained healthy across all property types, the apartment sector showed slight price declines both monthly and annually, suggesting a more balanced or competitive market in that segment. Overall, the City Centre continues to show strong demand and pricing momentum, particularly in low-density housing.

Detached Homes

• Sales: 121

• New Listings: 197

• Sales-to-New Listings Ratio: 61.42%

• Inventory: 337

• Months of Supply: 2.79

• Benchmark Price: $989,600

• Year-over-Year Price Change: +4.79%

• Month-over-Month Price Change: +0.63%

• Avg DOM: 27

• Highest Sale: $8,775,000

Semi-Detached Homes

• Sales: 53

• New Listings: 92

• Sales-to-New Listings Ratio: 57.61%

• Inventory: 147

• Months of Supply: 2.77

• Benchmark Price: $952,100

• Year-over-Year Price Change: +5.09%

• Month-over-Month Price Change: +0.34%

• Avg DOM: 24

• Highest Sale: $1,395,000

Row Houses

• Sales: 52

• New Listings: 91

• Sales-to-New Listings Ratio: 57.14%

• Inventory: 116

• Months of Supply: 2.23

• Benchmark Price: $616,200

• Year-over-Year Price Change: +2.02%

• Month-over-Month Price Change: +0.93%

• Avg DOM: 23

• Highest Sale: $1,245,000

Apartments

• Sales: 263

• New Listings: 469

• Sales-to-New Listings Ratio: 56.08%

• Inventory: 821

• Months of Supply: 3.12

• Benchmark Price: $348,000

• Year-over-Year Price Change: -0.23%

• Month-over-Month Price Change: -0.06%

• Avg DOM: 35

• Highest Sale: $1,800,000

Whether you’re considering buying your first home, upgrading, or selling your property, Calgary’s inner-city real estate market remains full of opportunities. With my expertise and the latest market insights, I can help you navigate this dynamic landscape. Reach out today, and let’s make your real estate goals a reality!